The total average time frame of the process is 2 to 6 months depending on the program you choose. This includes gathering documents, certifications, approvals, investment purchases etc.
For the Spain Golden Visa there are 4 investment routes, namely:
The minimum investment amount is €500,000 which excludes taxes and the other fees required throughout this process, depending on your circumstances and the investment program you select.
The partner, children, and parents of the main applicant can apply for the Spain Golden Visa residence permit, given that they are financially dependent. Under Non-lucrative visa only spouse and children are permissible.
The Golden visa has an initial validity of 2 years and is renewable.
The initial duration is one year, after which the non-lucrative residence permit may be extended for 2 years, twice.
Under the Golden Visa, applicants and their family are allowed to work as well as study.
Under the non-lucrative visa, applicants are not allowed to actively work, meaning they can still be earning passive income for example, through pension or rents. However, it is possible to transition to a work permit or entrepreneur visa from the non-lucrative visa. This is in fact the chosen route for many foreigners as it is much easier to get a work permit while in Spain than applying from outside.